big crash or slow demise, page-9

Evening all. Just thought I'd post (to brag a little :-)) to mention the lower support on my wedge. I currently have the line in the sand at around 4880 XJO. I thought today we might get a test but not quite. SPI aftermarket has just bounced a little at 4895 so we may be getting very close to finding support.

That said the wedge pattern I identified last year has completed so now we get to see if it reaches it's targets or fails and potentially forms a diamond pattern. No rush as it took 16 months to form the wedge so it may take quite a few to reach targets or potentially another 16 months to form a diamond.

Yours sincerely,
XJO guru.


Yes, I've had wine ... lol